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1Z0-1056-21 Exam Dumps

1Z0-1056-21 Exam Dumps

Oracle Financials Cloud: Receivables 2021 Implementation Essentials

Vendor: Oracle

Exam Name: Oracle Financials Cloud: Receivables 2021 Implementation Essentials

Questions with Answers: 154

Last Updated: 13-Nov-2024

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Oracle 1Z0-1056-21 Exam Questions

Oracle Financials Cloud: Receivables 2021 Implementation Essentials exams.

Question
Your customer has three sites defined in the system, site 1, site 2, and site 3. All sites have their own billing strategy defined and Balance Forward Billing is enabled for site 1 and Site 2 at the account level. How will bills be generated?
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Question
You have created two transactions with a 30 - day payment term. The first transaction is on January 29, 2015 and the second transaction is on January 31, 2015. The invoice date is the same as the system date. Both transactions are assigned an unsigned receipt method that has the lead days set to 60, number of bills receivable rule set to one per customer, and the bills receivable maturity date rule set to latest. Which statement is true when the create bills receivable batch is processed for a customer on January 31, 2015?
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Question
You are not able to initiate a bankruptcy request at the customer site level on behalf of a customer. Which two conditions are failing? (Choose two.)
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Question
Identify three activities that you can perform from the Collections Dashboard. (Choose three.)
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Question
You have created a sales invoice for $900 USD with an item line of $750 USD and a tax rate of 20%. The customer has made a payment of $500 USD and you are required to process the cash application to apply the $500 USD to the item line and $0 USD to tax. How would you achieve this?
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